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13 KENT

Town of Simcoe | Simcoe

$649,900.00

Listed 2 months ago

  • 5 bed
  • 7 bath
  • 3,557 sqft
  • - parking
  • Multi-family

Property history

  • Now
    Listed on Aug 1, 2024

    Listed for $649,900.00

    67 days on market

Location & area

Schools nearby

Home Details

Description
Welcome To 11-13 Kent St, A Remarkable Downtown Building, With Combined Commercial & Residential Space, Currently Utilized As A Six Unit Residential, Plus One Vacant Commercial Unit, Generating Impressive Rental Income. This Cash Cow Property Offers An Attractive Cap Rate Of Over 9.0%! Currently Generating $71,400 Annually With One Vacant Residential Unit That Could Increase Your Income To $87,600 Per Year, Plus One Vacant Commercial Unit $$$ Perfect For Investors Seeking Substantial Rental Income Or Families Looking For Multi-Generational Living Arrangements, This Property Is Centrally Located, Offering Easy Access To Amenities and Shopping. Whether You're A Seasoned Or Novice Investor, This Multi-Unit Property Presents An Exceptional Opportunity. (id:39198)
Additional media
-
Property taxes
$5,127.21 per year / $427.27 per month
Basement
None
Year build
-
Type
Multi-family
Bedrooms
5
Bathrooms
7
Parking spots
Total
Floor
-
Balcony
-
Pool
-
External material
Wood
Roof type
-
Lot frontage
-
Lot depth
-
Heating
Forced air, Natural gas
Fire place(s)
-

    Listing Brokerage

    MLS® Listing
    40628227
    Brokerage
    Rock Star Real Estate Inc., Brokerage

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